I was pleased to have Amanda Bresler and Alex Bresler back on the podcast to discuss their newest Naval Postgraduate School symposium paper on the composition of small businesses in the defense industry. Amanda is the Chief Strategy Officer at PW Communications, and Alex is the Chief Data Officer.

They found that small business funding grew 68 percent between 2015 to 2021, but at the same time the total number of small businesses shrank 23 percent. That can only mean the small business players are, on average, getting bigger. Indeed, the number of small businesses receiving more than $100 million per year in defense prime contracts grew three-fold over those six years (from 26 to 84). By comparison, the number of small businesses with less than $1 million fell 32 percent (from 34,205 to 23,337).

This podcast was produced by Eric Lofgren. You can follow me on Twitter @AcqTalk and find more information at https://AcquisitionTalk.com